Kalupur Commercial Co-operative Bank (Kalupur Bank) IFSC Code:

Internet banking has brought banking services at our fingertips. RBI’s inter-bank transfer channels aid in the movement of funds across accounts of individuals and companies, facilitating safe, secure and efficient transactions. Gone are the days when settling payments involved the headache of carrying around heaps of cash or posting cheques or any other physically and mentally taxing method. RBI maintains two modes of electronic fund transfers- NEFT (National Electronic Fund Transfer) and RTGS (Real Time Gross Settlement). As Kalupur Bank is one of the participants of the NEFT/RTGS system, it offers all its customers the facility of inter-bank transfer via internet banking.

In order to complete money transfer via NEFT or RTGS, one of the key requirements is an IFSC code. RBI introduced IFSC (Indian Financial System Code) code which serves as an identity of all banks coming in the NEFT network. IFSC codes are unique for each branch, contain 11 characters with a combination of alphabets and numbers. The first 4 digits are alphabets which are usually abbreviated form of the bank name, the fifth digit is 0(later use) and the last 6 characters, either numeric or a mix of numeric or alphabetic are symbolic of a specific branch of the bank. All branches of the same bank have different IFSC code differing in their last 6 characters.

For instance, if you were looking for the IFSC code of the Gandhinagar branch of the Kalupur Commercial Co-operative Bank of Ahmedabad district in Gujarat, you will find it to be KCCB0GNR038. This IFSC code can be understood, if broken down into 3 parts. Here, ‘KCCB’ clearly is an abbreviation for Kalupur Commercial Co-operative Bank’, the fifth digit is as usual a zero and the last 6 digits ‘GNR038’ is a unique code for the Gandhinagar branch.

How to look for IFSC & MICR codes of KCCB (Kalupur Bank)?

It is very easy to find out the IFSC & MICR codes of your bank branch. If you were an account holder at KCCB, you could use the following methods to find the particular branch’s IFSC code:

You can visit the branch of KCCB, where you have your account or call on the same as it can be easily availed by just asking for it.

You can check on the cheque book provided to you by the Kalupur Commercial Co-op Bank. It is printed on the each cheque leaf of the cheque book.

As the system of NEFT/RTGS is maintained by the RBI, you will find the entire list of banks participating in the NEFT network, along with their IFSC and MICR codes, on their official website.

KCCB’s website also has an exclusive page displaying the full list of branch names, IFSC codes and address.

Various third-party websites also offer details of all banks including their IFSC codes etc.

At BankBazaar’s website, you can easily look up Kalupur Bank’s IFSC and MICR codes. All you need to do is select the ‘Bank IFSC Code’ on the bottom left corner of their homepage. This will open a fresh window asking for the details of the bank branch namely- district, state and branch name. You can choose the right options either by selecting from drop-down menus or by selecting from a list displayed below. Alternatively, this window also displays all the branches of the bank, for you to select from. Once the tabs are filled, the page auto-generates an output comprising of the IFSC, MICR code, address and phone number of the bank branch in question.

At KCC bank, customers can transfer or receive funds opting for the NEFT channel, from or to any branch of any bank, provided the recipient bank is also NEFT enabled. It is one of the safest and most economical modes of money transfer as the charge levied per transaction is low. In this process, when you transfer fund to a beneficiary, the amount is credited on the same day. In case, the remittance is made late in the evening, the beneficiary’s account is credited the next day. KCC bank customers do not have to pay charge for inward remittances. The beneficiary can use the money on the same day itself or by next day.

You need to go through the following steps for a NEFT transaction:

You must collect the NEFT slip book from the branch of KCC bank.

Enter all beneficiary details asked for, such as: bank name, branch name, IFSC code, account number and type, amount to be transferred and the beneficiary name.

Then, the beneficiary’s bank branch receives the instruction in an electronic form via NEFT system.

At Kalupur Commercial Co-operative Bank, NEFT transactions take place between 10am to 4pm from Monday to Friday and between 10am to 1230pm on Saturdays. The transactions are settled hourly by the RBI from 8am to 7pm on weekdays and 8am to 1pm on Saturdays.

RTGS at Kalupur Bank:

With RTGS, KCC bank customers can easily settle payment in a very short span of time. RTGS is the fastest mode of fund transfer anywhere within the country. It is chosen by individuals or companies who want to make high-amount transactions as the lower cap for any RTGS transaction is Rs.2 lakh and there is no upper limit. The information needed for an RTGS transfer is similar to what is needed during an NEFT and it is crucial that you provide the IFSC code of the recipient bank.

RTGS at Kalupur Bank are operated from 10am to 3:30pm on weekdays and on Saturdays, from 10am to 12:30pm.

The Kalupur Commercial Co-operative Bank saw its inception in the year 1970. With 44 ATMs and 27,500 loyal customers and 43,600 shareholders, the bank has now 33 exclusive, ultra-modern and large offices of its own. It has maintained the top position in the field of business in Gujarat amidst all co-operative banks in the state.